Tradelink Capital adds Citizens Financial Group Inc (CFG) to its portfolio

Citizens Financial Group Inc (CFG) : Tradelink Capital added new position in Citizens Financial Group Inc during the most recent quarter end. The investment management firm now holds 10,876 shares of Citizens Financial Group Inc which is valued at $244,275 , the company said in a statement filed on Aug 1, 2016 with the SEC.Citizens Financial Group Inc makes up approximately 1.13% of Tradelink Capital’s portfolio.

Other Hedge Funds, Including , Todd Asset Management added CFG to its portfolio by purchasing 758,479 company shares during the most recent quarter which is valued at $17,035,438. Citizens Financial Group Inc makes up approx 0.52% of Todd Asset Management’s portfolio.Shell Asset Management Co boosted its stake in CFG in the latest quarter, The investment management firm added 19,238 additional shares and now holds a total of 45,105 shares of Citizens Financial Group Inc which is valued at $1,018,471. Citizens Financial Group Inc makes up approx 0.02% of Shell Asset Management Co’s portfolio. Vigilant Capital Management added CFG to its portfolio by purchasing 903 company shares during the most recent quarter which is valued at $19,252.Capital Analysts boosted its stake in CFG in the latest quarter, The investment management firm added 1,128 additional shares and now holds a total of 1,201 shares of Citizens Financial Group Inc which is valued at $25,197.

Citizens Financial Group Inc opened for trading at $22.45 and hit $22.725 on the upside on Thursday, eventually ending the session at $22.61, with a gain of 0.67% or 0.15 points. The heightened volatility saw the trading volume jump to 59,01,696 shares. Company has a market cap of $11,960 M.

On the company’s financial health, Citizens Financial Group Inc reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.44. The company had revenue of $1278.00 million for the quarter, compared to analysts expectations of $1263.39 million. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 EPS.

Many Wall Street Analysts have commented on Citizens Financial Group Inc. Citizens Financial Group Inc was Upgraded by Wells Fargo to ” Outperform” on May 13, 2016.

Citizens Financial Group Inc. is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals institutions and companies. The Company operates approximately 1200 branches in an 11-state footprint across the New England Mid-Atlantic and Midwest regions. The Company serves the financial needs of customers and prospects through its online telephone and mobile banking platforms. It also maintains over 100 retail and commercial non-branch offices located both in the Company’s banking footprint and in eleven other states and the District of Columbia. The Company operates in two segments: Consumer Banking and Commercial Banking. The Company’s subsidiaries are Citizens Bank N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA).

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